Audit-Report-on-NNPC

Table of Contents
Review of crude oil revenue
4.2.6. Other findings 58
4.2.7. Information provided subsequent to 28 November 2014. 58
4.3. Other Third Party Financing 60
4.3.1. Introduction 60
4.3.2. Procedures Performed 61
4.3.3. Limitations 61
4.3.4. Key Findings 62
4.3.5. Summary of findings 63
4.4. PMS & DPK Subsidy 64
4.4.1. Introduction 64
4.4.2. Procedures Performed 65
4.4.3. Limitations 67
4.4.4. Key Findings 67
4.4.5. Summary of Findings 74
4.4.6. Other Findings 75
4.5. NPDC Liftings 80
4.5.1. Introduction 80
4.5.2. Procedures Performed 81
4.5.3. Limitations 82
4.5.4. Key Findings 82
4.5.5. Summary of findings 87
4.6. Pipeline Maintenance and Management Costs 89
4.6.1. Introduction 89
4.6.2. Procedures Performed 91
4.6.3. Limitations 91
4.6.4. Key Findings 91
4.6.5. Summary of Findings 95
4.6.6. Subsequent information after submission of draft report 96
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4.7. Crude and Products Losses 97
4.7.1. Introduction 97
4.7.2. Procedures Performed/ Work Done 98
4.7.3. Limitations 98
4.7.4. Findings 99
4.7.5. Summary of findings 103
4.8. Holding Cost of Strategic Reserve 104
4.8.1. Introduction 104
4.8.2. Procedures Performed/Work done 104
4.8.3. Limitation 104
4.8.4. Key Findings 105